News with the tag "FinTech"

Shinhan Bank is conducting a proof-of-concept project to integrate Korean won-based stablecoins into its Ddangyo app for everyday transactions, aiming to revolutionize payments with faster, cheaper, and more secure methods.

Toss Bank, a leading South Korean neobank, has filed 54 trademark applications related to a USD-pegged stablecoin, signaling a strategic shift from its previous focus on KRW-pegged digital assets and positioning South Korea as a key player in global digital finance.

Mercurity Fintech Holding has raised $43.7 million to develop its on-chain financial infrastructure, signaling a growing trend of companies adopting crypto treasury strategies for capital appreciation and new revenue streams.

Bitcoin World Disrupt 2025 is a premier tech conference offering startups a platform to showcase innovations, network with industry leaders, and gain visibility through various exhibitor benefits.

Mercurity Fintech Holding Inc. secured a $200 million Equity Line of Credit Agreement with Solana Ventures to develop a Solana-based digital asset treasury strategy, aiming to leverage Solana's high-performance blockchain for growth and innovation.

KONA I's upcoming stablecoin demonstration on July 31 marks a significant milestone for South Korea's digital finance, aiming to validate a domestically developed stablecoin for commercialization and set a precedent for global stablecoin integration.

Block, Jack Dorsey's fintech company, is set to join the S&P 500 index, marking a significant milestone in its growth and influence in the financial sector.

Russia has approved a law mandating the rollout of the digital ruble and universal QR payments by September 1, 2026, aiming to modernize its payment infrastructure and enhance financial resilience amid geopolitical pressures.

Shinhan Bank has launched a dedicated crypto page in its SOL Bank app, becoming the first Korean commercial bank to integrate cryptocurrency services, which could significantly impact the South Korean crypto market and set a precedent for other banks.

Canadian fintech firm LQWD has announced a $10 million At-The-Market (ATM) Program to increase Bitcoin purchases and support the Lightning Network, aiming to enhance Bitcoin's utility and scalability.